South Korea limits Iran exports on payment concerns

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South Korea limits Iran exports on payment concerns

Reuters - June 15, 2012

"Temporary" export ceiling measure started on June 12 * More details to be set if EU insurance issues finalised * New deals to be approved only if payment period within 180 days * Japan's lower ...

Hyundai Oilbank shelves $2bn IPO

Financial Times - June 15, 2012

a in Seoul and Robert Cookson in Hong Kong/ Hyundai Oilbank has shelved its planned $2bn initial public offering due to Europe’s debt crisis and lower risk appetite in global stock markets. “We’ve ...

Japan lower house passes bill to insure Iran oil imports

Reuters - June 15, 2012

Japan's lower house passed a bill on Friday to provide government guarantees on insurance for Iranian crude cargoes, a key step towards it becoming the first of Iran's big Asian oil buyers to get ...

Iran crude buyer Hyundai Oilbank drops $2 bln IPO plan

Reuters - June 14, 2012

Hyundai Oilbank cites impact of euro zone crisis * Refiner is South Korea's biggest buyer of Iran crude * Latest in series of major Asian IPOs to be pulled or delayed * Company says will revive ...

South Korea limits Iran exports on payment concerns

Yahoo! News - June 14, 2012

mainly steel, cars and electronics - to reduce its risk of payment defaults as western sanctions disrupt exports, highlighting the growing risk of doing business with the Islamic Republic. The ...